Dividend Increase – Omega Healthcare (OHI)

OHI announced 01/14 a quarterly dividend increase from $0.56 to $0.57 per share that’s payable Feb. 16, 2016 to holders of record as of Feb. 2, 2016. This is their 14th consecutive quarterly dividend increase! I love multiple increases in the same year!

OHI happens to be the only REIT I currently own. I’m comfortable in the Healthcare REIT space and like the track record of this company. I’m looking at adding another lot of 100 shares hopefully this year.

OHI currently yields 6.7%, after some price contraction the last several months. OHI is a Dividend Contender, having increased their dividend for over 10 straight years.

Since I own 100 shares this will increase my yearly dividends by $4.00.

*note: I’m also looking forward to a raise from NSC in about a week and NVS by end of month.

Comments

I agree with you on the multiple dividend increases per year, especially if the year-over-year increases is 7.5% on top of an excellent dividend yield! I might just follow your lead and add more shares to my holding this year…

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I am not a licensed financial professional. I created this site to be informative and entertaining. No purchases I make are recommendations to buy those particular equities. I'm not liable by any party for losses you might incur. All investments are subject to losing money and you should consult a financial professional before making any investment decisions.